3 M Co (MMM) Stock Split History

3 M Co has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on June 16, 1972 with the ratio of 2-for-1, meaning that for 1 share of MMM owned pre-split, shareholders then owned 2 shares. 4 more splits have been implemented since then. The most recent stock split took place on April 01, 2024 on a 1196-for-1000 basis.

These splits have increased MMM stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on 3 M Co's total market capitalization.

For more detailed information of 3 M Co's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. 3 M Co has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when MMM stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by 3 M Co's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.